signal strength 1 of 5

According to the chart of M5, NZDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 86.83 and support 86.64. In case the resistance level 86.83 - 86.83 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- GBPAUD
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The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0432; the resistance level 2.0441; the width of the pattern 9 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to H1, AUDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.9125/0.9123 is broken out, the instrument is likely to move toward
Open chart in a new windowThe Double Top pattern has been formed on GBPUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3502
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